Exp_MaByMa - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

Exp_MaByMa EA is based on the following signal horse by horse trend indicator.

If the indicator's cloud color changes, a signal is formed when the bar closes.

In order to operate the EA correctly, please place the compiled indicator file MaByMa.ex5 into terminal_data_folder\MQL5\Indicators.

Please note that the TradeAlgorithms.mqh library file allows trading Expert Advisors with brokers that offer the following services using non-zero spreads and the option to set Stop Loss and Take Profit when opening a position . You can download more variants of this library via the following link: Trading Algorithms .

The input parameters of the default Expert Advisor were used in the test shown below. Stop Loss and Take Profit were not used during testing.

Figure 1 Example of trading history on a chart.

USD/CHF test results in the first half of 2013:

Figure 2. Test result chart

Attachment download

📎Exp_MaByMa.mq5 (8.56 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 TradeAlgorithms.mqh (60.95 KB)

📎 MaByMa.mq5 (8.05 KB)

Source: MQL5 #11345